Bitcoin / TetherUSShort
$BTC Short-term bearish
Main scenario
-Anticipate a drop to 37k, making a 535 zig-zag pattern.
-Previous wave from 49K-38.5K can be an impulse.
-SupposeBTC is wave 4-ing, if the first wave within wave 4 is an impulse, it substantially raises the possibility of breaking the previous bottom. (aka. 5-3-5 zigzag).
Sub scenario
-IfBTC penetrates below 37K, it raises the possibility of dropping to a minimum of 26K.
-Anticipate a drop to 37k, making a 535 zig-zag pattern.
-Previous wave from 49K-38.5K can be an impulse.
-Suppose
BTC is wave 4-ing, if the first wave within wave 4 is an impulse, it substantially raises the possibility of breaking the previous bottom. (aka. 5-3-5 zigzag).Sub scenario
-If
BTC penetrates below 37K, it raises the possibility of dropping to a minimum of 26K.
More wave analysis & breakdowns on my X:
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twitter.com/Hyunwoo_Roh
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